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4//SEC Filing

NEW JERSEY RESOURCES CORP 4

Accession 0001240003-08-000001

$NJRCIK 0000356309operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 4:17 PM ET

Size

9.3 KB

Accession

0001240003-08-000001

Insider Transaction Report

Form 4
Period: 2008-01-01
SHIELDS JOSEPH P
Exec. V.P. & COO, Subsidiary
Transactions
  • Award

    Common Stock

    2008-01-01$50.02/sh+4,050$202,58121,432.894 total
  • Award

    Performance Shares

    2008-01-01$50.02/sh+4,050$202,5814,050 total
    Exp: 2010-09-30Common Stock (4,050 underlying)
Holdings
  • Common Stock

    (indirect: Cust. for Rel.)
    20.326
Footnotes (4)
  • [F1]Represents shares of restricted stock granted pursuant to the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Shares will vest in equal annual installments over three years beginning on the first anniversary of the date of the grant, which will be January 1, 2009, and subject to the continued employment of the reporting person by NJR, except under certain conditions.
  • [F2]Total includes shares held outright, shares held in New Jersey Resources Corporation (NJR) deferral plan and shares held in NJR ESOP Plan that are accounted for on a unitized basis that reflects a calculated value. Each include reinvested dividends through the Dividend Reinvestment Plan (DRP).
  • [F3]Total includes reinvested dividends through the DRP.
  • [F4]Each performance share represents a contingent right to receive one share of NJR common stock. The performance shares will vest, in an amount ranging between 0 and 150 percent of the number of shares reported on this Form 4, at the end of a thirty-three month performance period ending on September 30, 2010, and become payable in November 2010, only in the event that the Leadership Development and Compensation Committee determines that certain performance objectives are met. If performance does not meet the minimum threshold level, no performance shares will vest.

Issuer

NEW JERSEY RESOURCES CORP

CIK 0000356309

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000356309

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:17 PM ET
Size
9.3 KB